Organization Root Tag

The Financial Accounting Standards Board released an accounting standards update Thursday to clarify three of its recent standards for credit losses, hedging, and recognition and measurement of financial instruments.

The latest effort to overhaul the post-financial crisis rule would replace the proposed "accounting prong" for determining which kinds of trades are prohibited.

A second court rejected claims the search-engine giant abused loopholes to avoid paying its fair share.

More business travelers are using scooters to get around town, and the rentable scooter trend is starting to show up in corporate expense reports.

A rebound in the stock market in the first quarter of 2019 enabled the index to rebound to an all-new high.

Nearly three-quarters (74 percent) of corporate tax professionals are dedicating extra time and technology resources, including artificial intelligence and bots, to help their companies comply with the Tax Cuts and Jobs Act, according to a new survey by Ernst & Young.

An ideologically divided U.S. Supreme Court gave businesses more power to channel disputes into individual arbitration proceedings, siding with a lighting retailer trying to prevent its employees from pressing group claims stemming from a phishing attack.

Fortune magazine ranked the top 25 companies to work for in consulting and professional services, featuring a number of prominent accounting firms.

Another one in the books; bias in the TCJA; talking basis; and other highlights from our favorite tax bloggers.

The tax preparation pioneer was 96.

Treasury Secretary Steven Mnuchin again refused to release the president's tax returns to House Democrats, arguing that the Democrats’ stated legislative purpose hides their real intent.

With a finite amount of time and resources, you want to be sure you are investing in your best clients.

The Internal Revenue Service is making progress on improving the taxpayer authentication processes for its online applications, but more needs to be done.

Goldman became the first bank to publish its report in line with Sustainability Accounting Standards Board metrics.

The American Institute of CPAs has introduced a U.S. International Tax Certificate Program that aims to give accounting and finance professionals added skills to navigate the vagaries of international tax compliance and planning.

The former Bank of America vice chairman has agreed to stay on through the rest of 2019 as the board of trustees searches for new leaders at FASB and GASB.

A TIGTA report examines the impact of the Tax Cuts and Jobs Act on the service, and how it was implemented.

CPA firms are becoming more niche driven and expanding into greater advisory roles.

AICPA chief auditor Bob Dohrer dives deep into the new requirement for reporting critical audit matters in the auditor's report, including recent guidance.

The Financial Accounting Foundation’s board of trustees has appointed Susan M. Cosper, technical director of the Financial Accounting Standards Board, as a member of the FASB board.